Liberal pledge to plant 2 billion trees could cost $2.8B more than planned, watchdog says

2009-02-22

Tags: Government Spending, Economic Impact, Tree Conservation, Public Policy, Climate Change Mitigation

The parliamentary budget office says a pledge by the Trudeau Liberals to plant two billion trees could cost almost double what the government says.

The tree-planting spree, spread over a decade, is supposed to start in the spring and cost $3.16 billion over that time, based on federal estimates.

The article reports that the parliamentary budget office estimates the cost of the Trudeau government's pledge to plant two billion trees could be nearly double the initial estimate, reaching $5.94 billion over a decade. The article highlights the financial challenges and the potential need for increased funding to meet the 2030 target. It also mentions the broader context of the tree-planting initiative as part of a green economic recovery and job creation strategy. The article notes the delays and budgeting issues due to the COVID-19 pandemic and the criticisms from opposition parties regarding the feasibility and cost of the program.

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Keywords: Tree Planting, Cost Estimate, Parliamentary Budget Office, Green Economic Recovery, Job Creation